138 Allen St Buffalo, NY 14201-1512
- Manufacturing properties
- 44,380 SF
- 0.11 lot acres
Feb 12, 2020
Current Use by Public Records
- Manufacturing properties
Property Details for 138 Allen St
- Year built
- 1936
- Lot size
- 0.11 lot acres
- Property size
- 44,380 SF
- Zone code
- N-2C
- Property type
- Manufacturing properties
- APN
- 140200 100.78-1-6
- APU
- 1402001007816
Description
This unique two-and-a-half-story building, situated in Erie County's vibrant Allentown Historic District, offers 4,258 square feet of vacant office space, ideally suited for a variety of uses. Originally constructed between 1870-1893 and extensively renovated in 2022, this historically significant property boasts a blend of original character and modern amenities. The building, featuring brick and wood-frame construction, sits on a 0.52-acre lot and includes 20 parking spaces. The property's N-1C zoning allows for flexible commercial use, making it an excellent opportunity for a retail establishment or restaurant. The building's prime location on Allen Street, between Delaware Avenue and Park Street, ensures high visibility and accessibility, benefiting from heavy foot and vehicle traffic throughout the day and night. The first floor will encompass approximately 4,300 square feet of commercial space, while the upper floors will feature residential units. The renovation is being completed in accordance with the Secretary of the Interior's Standards for Treatment of Historic Properties, preserving and showcasing original historic features. This property presents a rare chance to establish a business in a thriving, historic neighborhood with significant pedestrian and vehicular traffic. The building features one structure with two stories and includes an elevator. The property is a single-tenant space.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $455,000
- ML approach
- $710,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $675,000
- AI Estimate
- $538,000
Market price range: $565k - $2.12MMarket price range: $521k - $1.72M
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Location Insight
- Map
- Local Demand
- City
- Buffalo
- County
- Erie
- State
- New York
- Longitude
- -78.8752
- Latitude
- 42.8989
- CBSA code
- 15380
- CBSA name
- BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA